1/ TODAY IS THE DAY.

The Maiar DEX is going live 🌕

A state of the art DEX built on a sharded architecture, w/ 100% community ownership.

Unveiling Elrond Superwave, a $1.29 Billion USD liquidity mining incentive program for 1y, w/ $282M for first month.
elrond.com/blog/elrond-su…
2/ The Maiar DEX opens an opportunity unlike any other.

It will be the prime liquidity gateway for the entire Elrond ecosystem.

Owning a piece of it, is like owning a piece of the very foundation of the new web.
3/ The Maiar DEX brings the largest DeFi incentive program to date, pushing DeFi adoption beyond current boundaries.

$1.29 billion dollars worth of MEX tokens - of which $282M in the first month - will be shared w/ users who provide liquidity in $EGLD, MEX, LKMEX & wrapped USDC.
4/ The @MaiarExchange has been designed, prototyped, developed, and tested with a security-first approach in mind, in a strategic collaboration with @rv_inc, who has conducted thorough audits of all the components of the DEX.
5/ The Maiar DEX would not have reached this remarkable milestone without the insane efforts put in by the Elrond team, pushing day and night for months to reach this point.
6/ Big shoutout to the Elrond community, who stress-tested the platform and provided valuable feedback about its features. The Maiar Exchange is now ready to take the DeFi ecosystem to the next level of scalability and adoption.
7/ It is now time to distribute the Maiar DEX ownership to the next billion users and lay the foundation for a truly global financial system that is accessible to everyone, everywhere.

This is the first step.

Make sure you are part of it.
8/ The Elrond Bridge is now live:
bridge.elrond.com

Let the #ElrondSuperwave begin. 🌊

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More from @beniaminmincu

19 Nov
1/ Today is a grand day for Elrond, and the Maiar DEX. 🌕

Last days have been insane, hyper focused on putting all the pieces together for the launch.

We are now almost ready.

Here's the plan.
2/ To have the full DEX launch we need:

1. Maiar DEX to be ready
2. USDC bridge to be enabled
3. USDC/EGLD pair opened + swaps to be enabled
4. Grand official launch, w/ EGLD/MEX swaps + MEX rewards turned on
3/ So where are we?

Everything related to the Maiar DEX is fully ready.

Awaiting the official kickoff.
Read 7 tweets
3 Aug
1/ Everything mankind has achieved was through building.

Cities. Roads. Hospitals. Engines. Power plants. Industries. Institutions. The internet.

Financial systems enabling them to operate and grow.
2/ Everything mankind is yet to achieve will be through building.

New energy. Biotech. Starships. AI. A better world.

Connected by a h/ bandwidth, l/ latency, transparent financial system, accessible to anyone, enabling exchange of value globally, instantly, inexpensively.
3/ With all essential components in place, it’s time for the @ElrondNetwork ecosystem to scale. Bigger, cheaper, faster.

It’s time for builders to pick up the tools and shape the future of finance, governance, industry, gaming, art, commerce.

It's time to build.
Read 4 tweets
24 Jul
1/ The Maiar DEX is coming.

The latest version has just been released on the devnet.

*Once live, this will be the biggest launch in the Elrond ecosystem since the release of @getMaiar.*
2/ Funding, liquidity, swaps, yield.

Scalable, accessible, and inexpensive.

Setting a new set of economic forces in motion.
3/ Building something users love is hard. Deeply caring for users is hard.

The Maiar DEX brings a delightful experience wrapped in robust security.

This takes time and a great amount of effort.

But in the end the only thing that matters is the thing that lasts.
Read 20 tweets
4 Jul
1/ Maiar DEX.

Progress, updates, next steps.

Here’s where we are.
2/ Most of the last week has been about testing, bug fixing, and improvements that have come from many community members.

These last steps are strenuous, but they bring us closer to a DEX that can really achieve widespread adoption and mass liquidity.
3/ Testing has come in several waves.

Liquidity flow testing, bug discovery, UX feedback.

1st wave came from great community admins, w/ lots of useful feedback & suggestions.

2nd wave came from our friends @rv_inc. Pertinent feedback, bug discovery, & useful suggestions.
Read 11 tweets
17 Jun
1/ The Maiar DEX is a monster.

It has the power of a Hydra, but also the complexity of its 100 heads.

Yesterday, we got to test the first version fully.

It’s a remarkable milestone.

So here’s an important update & exciting next steps. 🧵
2/ First things first.

Traction for key Elrond metrics continues to grow significantly.

619k addresses, 5.8 mil transactions, 63% staked.
explorer.elrond.com
3/ Second, staking 3.5 is a big milestone that went live on Monday, improving stake fluidity and expanding the Elrond validator ecosystem, enabling even further decentralization.
Read 18 tweets
29 Apr
1/ Maiar Exchange & Launchpad, big steps forward, recalibrated timelines. Thread update.

Where are we, what's the focus, what's next?

Context for the exciting weeks, and months ahead.
2/ First, things have never been better.

Elrond is live. The ecosystem is vibrating. Community is rocking it. Validators are expanding. New tooling coming out every day. 150+ partners pushing to build on Elrond.

20+ partners preparing to launch their tokens on Elrond.
3/ But all of this brings complexity. A huge amount of complexity.

Complexity is like entropy, creeping in everywhere to break things.

Adding debt on all fronts and slowing things down to the point of halt.

Unless things are managed properly, and entropy is reversed.
Read 12 tweets

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